Wholesale Heaven — Assignment rules in North Carolina

Item	Value
Is an assignment legal here?	yes
What the matrix says about it	No NC wholesaling statute; the NC Real Estate Commission's published position is that marketing a property you do not own is brokerage.
Marketing rule the gate enforces	`contract_only`
What that means in practice	N.C.G.S. 93A-2(a) defines 'real estate broker' broadly; 93A-1 requires a licence; the owner exemption is 93A-2(c)(1). Advertise the contract, disclose you hold only an equitable interest.
What triggers a licence requirement	Advertising/negotiating the sale of a property you do not own (NCREC guidance).
Written seller disclosure required?	yes
Basis for the disclosure	No NC wholesaling statute; contract term + N.C.G.S. 75-1.1 UDAP.
Statutory wording required?	no
F5259 bucket	GO_WITH_CONDITIONS
Condition the gate enforces	Market the contract, not the property (N.C.G.S. 93A-2). F5259 CONFIRMED HB 797 (2025) is NOT law -- it stalled in Senate Rules; blog claims that it took effect 2025-10-01 are FALSE.
Verification status	PRIMARY_STATUTE
Attorney review required before first use?	yes

Lead class	Verdict
land	GO_WITH_DISCLOSURE
preforeclosure non owner occupied	GO_WITH_DISCLOSURE
preforeclosure owner occupied	GO_WITH_DISCLOSURE
probate	GO_WITH_DISCLOSURE
tax delinquent	GO

Not legal advice. We are not a law firm and we do not draft documents for anyone else. A template is a starting point for a transaction you are a principal in; it is not a substitute for a lawyer licensed in the state the property sits in, and in several states the disclosure below has statutory wording that must be copied exactly. Have counsel read it before you sign.

Assignments in North Carolina (NC)

Verdict by lead class

Primary sources